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India Launches New Renewable Energy Subsidy Scheme to Boost Solar Power

Summary

The Indian government unveiled a new subsidy scheme on February 19, 2026, aimed at accelerating solar power adoption across rural and urban areas. The scheme offers up to 40% subsi

The Indian government unveiled a new subsidy scheme on February 19, 2026, aimed at accelerating solar power adoption across rural and urban areas. The scheme offers up to 40% subsidy on rooftop solar panel installations for households and small businesses. According to the Ministry of New and Renewable Energy, the initiative targets installing 10 GW of rooftop solar capacity by 2028. Officials said this move supports India’s commitment to achieving 500 GW of renewable energy by 2030. The policy also includes incentives for local manufacturers to enhance domestic solar panel production, reducing import dependency. Industry experts welcomed the scheme, noting it could significantly cut carbon emissions while boosting green jobs.
2d agoVerified by Sobiya
India Launches New Renewable Energy Subsidy Scheme to Boost Solar Power

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